Gamblers are by their very nature emotional people. They ride along on the highs and the lows of their pastime often being swept along with those around them. Your emotions can be the biggest bar to your success as a gambler.
Many gamblers fear being alone in the betting sense. They will jump on any bandwagon that happens to be rolling past. The price of a horse starts to fall they believe that someone must know something and they pile in with their hard earned cash. Never mind that the horse has never won before, run that distance or is carrying overweight they will back it because they think someone knows it is a good thing. Everyone else is backing it so you will as well.
Emotional gamblers will form attachments to particular trainers or jockeys. They will back their horses irrespective of the form or conditions of the race. They pay no attention to the changing conditions of a race that may follow non runners or the ground changing. They see insider information were none exists. Emotion also prevents people from advanced betting subjects such laying, hedging and arbitrages. Emotion forces some punters to bet horses with certain names that remind them of loved ones.
To be successful a gambler must remain detached. It is perfectly alright to listen to rumours and tips but not to accept them as something written in stone. The truth of the matter is that there may only be one or two races in a day that offer a reasonable betting opportunity. Once you have identified these races you can concentrate on all the factors that could indicate the outcome of the race.
Bookmaking is all about mathematics. Balancing the level of money wagered with the odds offered. If you went behind the scenes at William Hills or Ladbrooks you would not see any emotion just great number of people at computers monitoring their companies position and liabilities . Ranged against them is the punter who is betting a tenner on Little Willy because a mate of a mate of his knows the sister of a girl who goes out with a stable lad who says it is going to win today. Who do you think is going to end the day in profit?
If you are looking for an unemotional way to make money from racing try this. Either buy or devise your own system that will give you at least 4 winners out of every 10 selections. The only proviso is that the odds for each selection should be 5/2 or greater. Provided you are able to maintain your 40% success rate you will make a profit from your racing.
There are systems on the market that will give you that level of success or better and if you stick to a level staking plan you will make money. A good way to avoid emotional betting is to make your selections before racing begins and then to avoid watching the racing and wait until after the last race to see if you have won or lost. This takes away all the temptations that can befall an emotional gambler.
It all sounds a little boring but it in the long term you will find it much more profitable.
Many gamblers fear being alone in the betting sense. They will jump on any bandwagon that happens to be rolling past. The price of a horse starts to fall they believe that someone must know something and they pile in with their hard earned cash. Never mind that the horse has never won before, run that distance or is carrying overweight they will back it because they think someone knows it is a good thing. Everyone else is backing it so you will as well.
Emotional gamblers will form attachments to particular trainers or jockeys. They will back their horses irrespective of the form or conditions of the race. They pay no attention to the changing conditions of a race that may follow non runners or the ground changing. They see insider information were none exists. Emotion also prevents people from advanced betting subjects such laying, hedging and arbitrages. Emotion forces some punters to bet horses with certain names that remind them of loved ones.
To be successful a gambler must remain detached. It is perfectly alright to listen to rumours and tips but not to accept them as something written in stone. The truth of the matter is that there may only be one or two races in a day that offer a reasonable betting opportunity. Once you have identified these races you can concentrate on all the factors that could indicate the outcome of the race.
Bookmaking is all about mathematics. Balancing the level of money wagered with the odds offered. If you went behind the scenes at William Hills or Ladbrooks you would not see any emotion just great number of people at computers monitoring their companies position and liabilities . Ranged against them is the punter who is betting a tenner on Little Willy because a mate of a mate of his knows the sister of a girl who goes out with a stable lad who says it is going to win today. Who do you think is going to end the day in profit?
If you are looking for an unemotional way to make money from racing try this. Either buy or devise your own system that will give you at least 4 winners out of every 10 selections. The only proviso is that the odds for each selection should be 5/2 or greater. Provided you are able to maintain your 40% success rate you will make a profit from your racing.
There are systems on the market that will give you that level of success or better and if you stick to a level staking plan you will make money. A good way to avoid emotional betting is to make your selections before racing begins and then to avoid watching the racing and wait until after the last race to see if you have won or lost. This takes away all the temptations that can befall an emotional gambler.
It all sounds a little boring but it in the long term you will find it much more profitable.
